Stablecoin Information
HAI is a low-cost, dollar-denominated protocol on the Optimism network, featuring a collateral-backed system coin, dynamic value transfer balancing via a PID controller, and a Global Settlement mechanism for equitable collateral redemption
Category:crypto-backed
Minting and Redemption
HAI is minted from over-collateralized debt positions (CDPs). Every HAI token in circulation corresponds to a greater amount of collateral locked by individual protocol users. Users can mint or burn HAI, depending on their collateral's value.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +6.61% | +4.18% | +6.63% | 312,019.28 |